Find the amount (in $) of interest and the maturity value of the loans. Use the formula  MV = P + I  to find the maturity value. (Round your answers to two decimal places.) Principal Rate (%) Time Interest Maturity Value $145,000 15 1 2 5 months $ ? $ ?

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section7.7: Simple And Compound Interest
Problem 23E
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Find the amount (in $) of interest and the maturity value of the loans. Use the formula 
MV = P + I
 to find the maturity value. (Round your answers to two decimal places.)
Principal Rate (%) Time Interest Maturity Value
$145,000
15
1
2
5 months $ ? $ ?
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